Nokia offloads its Gainspeed EPON/DPoE portfolios to Vecima Networks

Nokia has sold its Gainspeed EPON/DPoE business to Vecima Networks. Financial terms were not disclosed. Nokia said it plans to maintain an ongoing business relationship with Vecima that includes key, enabling technologies to address unified cable access opportunities.  Nokia will retain its cable-related products and solutions including mobile, routing, transport, fiber, and fixed wireless access technology, along with network operations and...

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Nutanix Clusters now on AWS

Nutanix announced general availability of its hyperconverged infrastructure (HCI) software, along with all Nutanix products and services, to bare metal Amazon Elastic Compute Cloud (Amazon EC2) instances on Amazon Web Services (AWS). With this announcement, Nutanix extends the simplicity and ease of use of its software to public cloud. Additionally, customers will be able to take advantage of the company’s full software stack on private and public...

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SiFive raises $61 million for RISC-V

SiFive, a start-up specializing in RISC-V processor IP and silicon solutions,  raised $61 million in a Series E round. SiFive, which is based in San Mateo, California, develops a range of processor cores, accelerators, and SoC IP to create domain-specific architecture that will enable efficient, high-performance computing solutions. Recently, SiFive announced the SiFive 20G1 update for SiFive Core IP, enabling significant enhancements for...

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Lumentum posts quarterly sales of $368 million

Lumentum reported net revenue for its fiscal fourth quarter of 2020 was $368.1 million, with GAAP net loss attributable to common stockholders of $(4.6) million, or $(0.06) per diluted share. This compares with revenue of $402.8 million in the preceding quarter and revenue of $404.6 million for the same period a year earlier. "Strong market demand and solid execution drove better than projected results across all financial metrics in our fourth...

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Viavi clocks revenue of $266.6 million, down 8% year-over-year

VIAVI reported revenue of $266.6 million for its fourth fiscal quarter, ended June 27, 2020. GAAP net income was $26.7 million, or $0.12 per share. Non-GAAP net income was $40.8 million, or $0.18 per share. This compares with net revenue of $256.2 million for the preceding quarter and revenue of $289.7 million for the same period last year. "In fiscal fourth quarter our Wireless Lab equipment business delivered a record revenue quarter driven by...

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Dell'Oro: Network Security and ADC market to grow at 6% CAGR

The Network Security and Data Center Appliance market, consisting of the Firewall, Content Security, Intrusion Detection System and Intrusion Prevention System (IDS and IPS), and Application Delivery Controller (ADC) markets, is forecasted to grow at 6% five-year CAGR and go from $14 B in 2019 to $19 B in 2024, according to Dell'Oro Group's newly published 5-Year Forecast report. Some highlights: The ongoing COVID-19 pandemic will continue to...

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Jack in the Box goes All-In on AWS

Jack in the Box, a fast-food chain with 2,200 locations across the U.S., has migrated from on-premises data centers to going all-in with AWS for its data infrastructure. The hamburger chain and its franchise restaurant operators are now using a common operational dashboard powered by AWS to analyze sales, inventory, food safety, and labor patterns. Oracle and Microsoft SQL Server legacy databases have been migrated to Amazon Relational Database...

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TEC launches 10G XGS-PON across mid-south with ADTRAN

TEC, a provider of residential and business services for rural communities in Tennessee, Alabama and Mississippi, is launching 10G services using ADTRAN’s Total Access 5000 (TA5000) fiber access platform. “In recent years, we have witnessed exponential advancements and growth in the technologies surrounding broadband internet delivery to business and residential customers,” said John Cole, Director of Network Operations at TEC. “Today, we are excited...

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NETGEAR ships tri-band mesh WiFi router with LTE-A backup

NETGEAR began shipping its new "Orbi" Tri-band Mesh WiFi system with 4G LTE Advanced connection to provide an alternative when traditional wired Internet - cable, fiber or DSL - connections are limited or unavailable. The new unit, which carries an MSRP of $400, is the industry’s first tri-band mesh system with LTE-A Cat 18 modem technology that works with a SIM card from AT&T, T-Mobile and other major 4G LTE Advanced cellular network providers. “Today,...

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Ciena appoints Pete Hall to head Middle East and Africa region

Ciena appointed Pete Hall as its new head of Middle East and Africa (MEA) region and subsea sales in Europe, Middle East and Africa (EMEA). Previously, Hall was a key member of Orixcom’s management team, where he drove telecoms, network and cloud sales, marketing and strategy. He established Orixcom’s go-to-market strategy and the primary relationships that delivered a strong base of anchor customers, partners and hyperscalers, including Microsoft,...

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